Drivers

U.S. Xpress Launches Truck Purchase Program

December 21, 1998
• by Staff

Dec. 22 – Just months after it announced it was aggressively adding owner-operators to its fleet, U.S. Xpress Enterprises yesterday announced a new truck purchase program.

The program will help U.S. Xpress drivers become independent contractors. For owner-operators currently leased to the Chattanooga, TN-based company, it offers them an opportunity to update to more current equipment.“We see this program as being a real innovative one,” explained Max Fuller, co-chairman. "The company designed this to offer hard-working men and women thechance to make the dream of owning your very own tractor a reality." The Truck Purchase Program is being administered through Freightliner of Chattanooga. Trucks, including 1997, 1998 and new Freightliner Century Class and Freightliner Classic XLs, are available to qualified buyers. Well-maintained, late-model Freightliner Century Class trucks with low-mileage are also available.Those wanting to participate in the Truck Purchase Program must meet certainrequirements, including the following:* One year of experience as a U.S. Xpress driver or independent contractor.* A 5% down payment.* Truck settlement payments are made through settlement deduction.* Maintenance reserve established for emergency needs.* No record of repossessions, bankruptcy or charge-offs in excess of $300.* No outstanding liens or judgments.* High credit of $5,000 paid as agreed.For more information, call the company's Contractor Relations office, 1-800-233-5652.

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